HOUSTON -- The Bakken shale oil play unfolding in North Dakota and Montana is an industry, not a boom, according to group Williston Economic Development (WED). The play is now producing about 800,000 barrels of oil per day and will hit 1 million a day by April 2014, officials estimate.
Meanwhile, at a series of events ...
Despite Whiting's offer of $3.8 billion in stock and assumption of $2.2 billion in debt, Kodiak shareholders could be 'disappointed.'
Whiting Petroleum Corp.'s acquisition of Kodiak Oil & Gas Corp. will "alter the Williston Basin's pecking order."